The forecast for cooked crustaceans production in capture fisheries in Germany shows a steady upward trajectory from 2024 to 2028, with values increasing from 49.324 million euros in 2024 to 52.452 million euros in 2028. In 2023, the recorded value stood at 48.5 million euros. The year-on-year growth indicates moderate growth, with a slight increase each year. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is expected to signify consistent expansion in this sector.
Future trends to watch for include:
- Potential impacts of climate change on capture fisheries affecting supply.
- Increased demand for sustainable and environmentally-friendly seafood options.
- Technological advancements in fishing and processing that may enhance productivity.
- Shifts in consumer preferences possibly affecting market dynamics and pricing.
